Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3536 Alameda De Las Pulgas Menlo Park, CA 94025-6567

    • Super regional malls
    • 6,000 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimations
    $895,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1985097
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Avanti Pizza Fresh Pasta / Restaurant
    • Axiom Learning / Tutoring Service
    • Sharon Heights Garage Door Repair / Hardware & Home Improvement / Production Facility
    • Country Club Cleaner / (Bike/Boat/Book/etc) Store
    • God HANDS Garage Door Replacement Menlo Park / Building Supply / General Contractor

    Property Details for 3536 Alameda De Las Pulgas

    Year built
    1994
    Lot size
    0.43 lot acres
    Property size
    6,000 SF
    Zone code
    CL00C1
    Property type
    Super regional malls
    APN
    074-076-270
    APU
    74076270

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Menlo Park
    County
    San Mateo
    State
    California
    Longitude
    -122.202
    Latitude
    37.4318
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $84,435
    $6,175,882
    $1,640,468
    $7,816,350
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.43 Acres

      112-120 5th Ave

      REGIONAL SHOPPING CENTER, MALL • 0.43 Acres
      112-120 5th Ave, Menlo Park, CA 94025
      View Details
    • Value Estimation
      $1,765,000
      6,507 SF

      820 Willow Rd, Unit 888

      REGIONAL SHOPPING CENTER, MALL • 6,507 SF
      820 Willow Rd, Menlo Park, CA 94025-2542
      View Details
    • Value Estimation by Request
      0.38 Acres

      812 Willow Rd

      REGIONAL SHOPPING CENTER, MALL • 0.38 Acres
      812 Willow Rd, Menlo Park, CA 94025-2542
      View Details
    • Value Estimation by Request
      6.61 Acres

      325 Sharon Park Dr

      REGIONAL SHOPPING CENTER, MALL • 6.61 Acres
      325 Sharon Park Dr, Menlo Park, CA 94025-6805
      View Details
    • Value Estimation
      $1,665,000
      6,512 SF

      989 El Camino Real

      REGIONAL SHOPPING CENTER, MALL • 6,512 SF
      989 El Camino Real, Menlo Park, CA 94025-4809
      View Details
    • Value Estimation
      $1,905,000
      13,489 SF

      875 Hamilton Ave, Unit 885

      REGIONAL SHOPPING CENTER, MALL • 13,489 SF
      875 Hamilton Ave, Menlo Park, CA 94025-1403
      View Details

    Similar Nearby for Sale

    • $3,400,000
      1,354 SF

      Menlo Park Retail Investment Opportunity

      Prime Marsh Road retail space, high visibility.
      763 Marsh Rd, Menlo Park, CA 94025
      View Details
    • $3,375,000
      3,000 SF

      Menlo Park Retail Investment Opportunity

      Fully leased, three-tenant retail property in Menlo Park, California.
      403 El Camino Real, Menlo Park, CA 94025
      View Details
    • Contact for pricing
      4,000 SF

      Menlo Park Retail Redevelopment Opportunity

      Prime downtown location with redevelopment potential near Caltrain.
      1137-1141 Chestnut St, Menlo Park, CA 94025
      View Details
    • $3,710,000
      4,905 SF

      Menlo Park Retail Opportunity

      Retail property available for sale in Menlo Park, California.
      1001 El Camino Real, Menlo Park, CA 94025
      View Details
    • $1,680,000

      Retail Space in Downtown Menlo

      Retail space in downtown Menlo Park, near Caltrain and amenities.
      695 Oak Grove Ave, Menlo Park, CA 94025
      View Details
    • $4,795,000
      3,640 SF

      Restaurant/Retail Opportunity Near Caltrain

      Two-story restaurant/bar with outdoor dining in high-growth area.
      1075-1077 El Camino Real, Menlo Park, CA 94025
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      1,210 SF

      Menlo Park Office/Retail Space

      Office or retail space available for lease in Menlo Park.
      Oak Grove Ave, Menlo Park, CA 94025
      View Details
    • $8 SF/Yr
      2,500 SF

      Mixed-Use Building in Menlo Park

      Four-story mixed-use building with retail, office, and residential spaces.
      506 Santa Cruz Ave, Menlo Park, CA 94025
      View Details
    • Contact for pricing
      3,216 SF

      Prime Menlo Park Retail Space

      Retail space in downtown Menlo Park with high visibility.
      610 Santa Cruz Ave, Menlo Park, CA 94025
      View Details
    • $10 SF/Yr
      6,301 SF

      Menlo Park Office Space Available

      Office space with highway access, fitness center, and on-site restaurant.
      2420-2460 Sand Hill Rd, Menlo Park, CA 94025
      View Details
    • Contact for pricing
      1,314 SF

      Menlo Park Restaurant Space Available

      Second generation restaurant space with full kitchen and Type-1 hood.
      1010 Doyle St, Menlo Park, CA 94025
      View Details
    • $10 SF/Yr
      4,228 SF

      Menlo Park Office Space Available

      Office space with fitness center and on-site restaurant.
      2400-2450 Sand Hill Rd, Menlo Park, CA 94025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3536 Alameda De Las Pulgas
    Menlo Park, CA 94025-6567
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.